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Friday, December 21, 2012

BEA News: Personal Income and Outlays, November 2012

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased $85.8 billion, or 0.6 percent, and disposable personal income (DPI) increased $74.7 billion, or 0.6 percent, in November, according to the Bureau of Economic Analysis.  Personal consumption expenditures (PCE) increased $41.3 billion, or 0.4 percent.  In October,  personal income increased $7.5 billion, or 0.1 percent, DPI increased $6.4 billion, or 0.1 percent, and PCE decreased $6.6 billion, or 0.1 percent, based on revised estimates.

The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/national/pi/pinewsrelease.htm

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